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clock Created with Sketch. 19/04/23
14:30
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Originally posted by MrSetarcos:
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Overall, a good result. The tonnage was higher than I expected; the grade was within the range of what I expected. (I was expecting around 80Mt at between 700-900 ppm TREO.)The Company expects to receive quantitative mineralogical data on the six samples from ANSTO during April 2023, which should enable the Godolphin team to identify the components of the various materials in the deposit to refine our understanding of which materials should be targeted for further bench scale work. This will complete the preliminary metallurgical testing in the Project’s development.
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Let’s understand as well the leaching is just one phase of extraction. CAPEX for this type of operation will be very high. Many other projects out there with far superior grade and will never be developed. REE is also on the nose in the market and always will be with the China influence unless you have an operation with low risk. We already know from test work we need to heat the stuff up. TREO at Dubbo is 0.74% and that excludes Zr Hf Nb Ta and Y. ASM SP at low levels, why would we expect a kick in the GRL SP?
(20min delay)